Nokia Shares Rally as U.S. Eyes Ban on Chinese Optical Transceivers
Nokia shares climb after reports the FCC may ban new Chinese optical transceivers, positioning the company as a winner in the AI data-center buildout.
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Intel CEO Lip-Bu Tan Gets Washington’s Green Light for $20 Billion Share Sale
After securing Commerce Department backing, Intel upsized its share sale to $20 billion. Proceeds will support the Ohio factory and AI growth.
ACV Auctions Explores Sale or Partnership, Shares Jump on Takeover Interest
ACV Auctions stock soars as company considers sale or partnership; no deal is imminent, sources say.
Nvidia Partners with Apollo, Blackstone and Wall Street Giants on $500 Billion AI Funding Package
Apollo, Blackstone, BlackRock & others team with Nvidia on a $500 billion package for AI chips, power and data centers, per FT report.
Microsoft Plans to Unveil Maia 300 AI Chip in September, Eyes Massive Production Ramp
Microsoft plans to unveil its Maia 300 AI chip this fall and secure TSMC capacity for over 300,000 units in 2027 to cut Nvidia reliance.
Nvidia to Invest Up to $3 Billion in Lancium, the Power Company Behind Stargate
Nvidia plans up to $3B investment in Lancium, the Blackstone-backed power firm behind the Stargate AI data center project, valuing it at $10B.